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515 London Drive

515 London Drive, Gilroy, CA 95020
House in Santa Clara
Sold Jun 10, 2019
$730,000
$691,000 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2035
Sold Jul 15, 2010
$395,000
$389,751 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2040
515 London Drive in Gilroy, CA was first built in 1979 and is 45 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 515 London Drive has 2,590 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 950. In total, the area measurement of the land is 8,550 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. For those who need parking, there is a garage. The garage is 560 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 515 London Drive sold most recently in May 29, 2019 for a total of $730,000. If you work out the math, that's approximately a cost of $281.85 per sqft. Before that, the property was also sold for $395,000 in Jun 22, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,688 in taxes each year. The initial year of tax delinquency occurred in 2019. 515 London Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $782,704. If we break it down further, the land itself was valued at $430,487. Improvements to the property, however, were assessed at a total of $352,217. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 8,550
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,590
  • Gross Building Area: 1,442
  • Building Area: 2,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIDDEN GLEN OF GILROY
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6254 LOT 77

Ownership

  • Current Owner : TOJAGA FADIL
  • Current Owner 2: TOJAGA INDIRA
  • Previous Owner : BLAKELEY PAULEEN E
  • Owner Before Previous Owner: BARROSO FLORIBERTO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512509

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 83-F3
  • Subdivision Tract Number: 6254
  • Parcel: 799-42-026
  • Lot: 77
  • Municipality: GILROY
  • Latitude: 36.9953
  • Longitude: -121.57

    Address

  • Full Address: 515 London Dr
  • Address - House Number: 515
  • Address - Street Name: London
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C016
  • 4-Digit Zip Code: 6708
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,688
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 02-001

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,084,510
  • High Value: 1,305,145
  • Low Value: 863,876

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $691,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Loan Amount: $691,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $782,704
  • Assessed Land Value: $430,487
  • Assessed Improvements Value: $352,217

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: Jun 10, 2019
  • Current Sale Transaction ID: 11613930072
  • Current Sale Price: $730,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24199841
  • Previous Sale Recording Date: Jul 15, 2010
  • Previous Sale Contract Date: Jun 22, 2010
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 10, 2019
  • First Mortgage Loan Amount: $693,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 15, 2010
  • Previous Mortgage Loan Amount: $389,751
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2040

About Gilroy



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 515 London Drive located in?
The 515 London Drive is a house located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 515 London Drive?
The average sales price for units in 515 London Drive is $0 currently.

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